New Mexico Statutes

§ 6-10-49 — [Insolvency of banks; state funds; right to recover deposits

New Mexico § 6-10-49
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 10Public Money

This text of New Mexico § 6-10-49 ([Insolvency of banks; state funds; right to recover deposits) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 6-10-49 (2026).

Text

not impaired.] That the provisions of this act [6-10-48, 6-10-49 NMSA 1978], or action thereon by the state board of finance shall in no way prevent, interfere with or prejudice the right of the state of New Mexico to proceed with the collection of said amounts against the said depository or the sureties upon the bond of said depository nor shall the provisions of this act or actions thereunder by the said state board of finance, prevent, interfere with or prejudice the right of the said state board of finance to proceed with an action or actions to recover said amounts from said depository or the sureties upon the bond of said depository.

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Legislative History

Laws 1929, ch. 67, § 2; C.S. 1929, § 13-1202; 1941 Comp., § 7-246; 1953

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-10-49, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-10-49.